The end of a long-term relationship is an emotional and often stressful time – which is why meeting a deadline for arranging the division of assets might be the last thing on your mind. However, it’s important to be aware that the Family Law Act has set a time limit on property settlement after divorce and de facto separation.
If you have parted ways permanently, we strongly recommend beginning your property settlement proceedings as soon as possible. Otherwise, you may run out of time to file a claim with the Family Court.
Below, we break down the property settlement time frame for both previously married and former de facto partners.
Property settlement time limits
Time limit for property settlement after divorce
If you are divorcing your spouse, the time limit for filing a property settlement application is 12 months from the date your divrce becomes effective.
However, as this one year period only starts ticking once you are officially divorced- and you will need to be separated for at least one year prior to even apply for a divorce – you actually have a minimum of two years to get your proceedings in order.
On that note, you do not need to wait until your divorce order is granted to apply for property settlement. Rather, you can begin negotiations with your former partner and lodge an application for property settlement with the Courts any time after separation.
At Affinitas Legal, we strongly recommend initiating such proceedings as early as possible to avoid any time pressure.
Time limit for de facto property settlement
If you have ended a de-facto relationship, you must file a property settlement application within two years of your official date of separation.
Our lawyers understand that a date like this is often far from clear cut. For instance, you may have separated but remained living together for a few months or briefly reconciled after initially parting ways. That’s why noting down and agreeing on your date of separation is so important.
We also suggest seeking tailored legal advice as soon as possible in this process, particularly if there is disagreement or confusion over the date of your separation.
What if I miss the deadline to apply for property settlement?
If you miss the deadline to apply for property settlement, you can still initiate proceedings in certain circumstances. Under section 44(6) of the Family Law Act, the Court may grant you permission to file an application for property settlement beyond the specified time limit.
That said, these property settlement applications are not guaranteed and can be quite expensive, stressful and time-consuming. To be approved, you must demonstrate to the Court that you would suffer hardship if prevented from proceeding with property settlement.
However, the concept of hardship remains undefined in the Family Law Act or the Family Court Act, meaning the Court must decide what counts as hardship according to the circumstances of each case. The Court will also review other factors before making a final decision, including:
- The reasoning behind the missed deadline
- The likelihood of a successful application
- The potential legal costs of subsequent proceedings
- The risk of prejudice to the other party if the application was granted to proceed
Get personalised legal advice on your property settlement
Have you recently separated or divorced your partner? Seeking legal support from an experienced family lawyer now will help to safeguard your interests into the future.
If you would like tailored advice on your property settlement rights or have missed the deadline to lodge an application for property proceedings, we recommend contacting Affinitas Legal as soon as possible. Our trusted property settlement lawyers in Perth can assist you with any legal matter. Please get in touch for tailored support.
Disclaimer
General Advice Warning
The information contained in this article is general in nature and does not take into account your personal situation. You should consider whether the information is appropriate to your needs, and where appropriate, seek professional advice from a suitably qualified lawyer.
All legal and other matters referred to in this article are of a general nature only and are based on Affinitas Legal’s interpretation of laws existing at the time and should not be relied upon in place of appropriate professional advice. Those laws may change from time to time and the information contained herein may be out of date.
Accuracy & Reliability of Information
Although every effort has been made to verify the accuracy of the information contained in this article, Affinitas Legal, its officers, employees and agents disclaim all liability (except for any liability which by law cannot be excluded), for any error, inaccuracy in, or omission from the information contained in this article or any loss or damage suffered by any person directly or indirectly through relying on this information.
